Analyst Baskets

As an extension of our top-quality research, Wolfe Research offers an extensive suite of thematic baskets. Wolfe’s analysts perform intensive research to better define themes within the market and find stocks to represent the beneficiaries/donors of these themes. Collaboration between our talented and dedicated research analysts is Wolfe’s secret sauce in maintaining a differentiated offering to our clients.

For more information on these tradable baskets and to request access to the Bloomberg dashboard, please contact your Wolfe salesperson or reach out to

Chris Senyek, Wolfe’s Chief Strategist, created and maintains several thematic long/short baskets designed to express a view on certain macro-related themes, including Tax & Policy, Shorts, Special Situations, SPACs, Supply Chain and Consumer, all topics that Chris regularly publishes on.

For more information, clients can review Chris’s Baskets tear sheet.

Thematic & Macro Baskets

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Macro Themes

Theme Description
Liquidity Beneficiaries Stocks that are highly leveraged to rising Fed liquidity.
Renormalization Stocks that are highly correlated to the reopening of economies that would provide a tailwind for consumer related companies.
Secular Growers Basket Collection of companies that have exhibited both consistent high LT sales and EPS growth. Rebalanced quarterly.
Stay-At-Home Basket Stocks are highly leveraged to a pandemic-driven stay-at-home environment.
Supply Chain Beneficiaries 40 stocks that should directly benefit from improving global supply chains based upon conversations with our analysts
Wolfe European Exposure Basket U.S. stocks with the highest exposures to Europe based on geographic segment disclosures. Rebalanced annually


Theme Description
Consumer Secular Growers Very strong secular growth prospects and should benefit from a flattening yield curve.
High-End Retail Retailers leveraged to high-income consumer spending.
Low-End Retail Retailers leveraged to lower-income consumer spending.

Special Situations

Theme Description
13D Activist Basket Stocks currently or potentially undergoing activist involvement as evidenced by a 13D filing. Rebalanced weekly.
Asset Sales Stocks that have announced or recently completed a sale of a material component of their business, potentially as part of a larger simplification strategy / breakup plan. Rebalanced monthly.
External CEO Changes Stocks with a new CEO hire from outside the company. Rebalanced monthly.
Post Spin Parent Co’s Stocks that have recently spun off a subsidiary into a separate publicly traded company. Rebalanced weekly
Spin-offs Basket Stocks recently trading on a stand-alone basis after being spun-off from a prior parent entity. Rebalanced monthly.
Strategic Review Stocks that have announced the exploration of alternatives for potential sale or separation of segments of their business, operational changes, etc. Rebalanced weekly.


Theme Description
Experienced Operator SPAC De-SPAC stocks where the SPAC sponsor CEO/Chairman had direct operating experience in the acquired co. industry. Rebalanced monthly.
Non-Experienced Operator SPAC De-SPAC stocks where the SPAC sponsor CEO/Chairman had no direct operating experience in the acquired co. industry. Rebalanced monthly.
Post-Announce SPACs Stocks that have recently gone public via SPAC merger. Rebalanced monthly
Post-SPAC Merger Basket Stocks that have recently gone public via SPAC merger. Rebalanced monthly.
Recent IPOs Basket Stocks that have recently gone public via IPO. Rebalanced weekly.
Wolfe IPO Lockup Basket IPOs approaching their lock up expiration. Rebalanced weekly
Wolfe Unprofitable High Flyers IPOs with negative EBITDA and >30% first day stock increases. Rebalanced weekly.

Short Baskets

Theme Description
Serial Restructurers This basket is a different proxy for low earnings quality and captures companies with consistent and material restructuring charges over the past few years. Among our favorites for long term shorts. Rebalanced quarterly.
Short Hits List This basket contains companies appearing most frequently across our 15 individual monthly short screens. Rebalanced monthly.
Value Traps This basket contains stocks that screen inexpensive, but meet at least four historical indicators of stock price underperformance. Rebalanced monthly
Wolfe Fusion Short Basket This basket, compiled by the Rob Ginsberg on Wolfe’s Technical Research team, consists of stocks with a low Earnings Quality score, a recent CFO change, an unfavorable ranking on Wolfe QES team’s transcript management sentiment NLP, and exhibit unfavorable technicals. Rebalanced quarterly.
Wolfe Low Earnings Quality Contains stocks with lower accounting quality based on our proprietary EQ Model that scores companies on a 0-100 basis. Rebalanced quarterly.